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5238 16th St, Detroit, MI, 48208

$25,000

0.07 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #24054115
Lot Size0.07 Acres
StatusActive

About 5238 16th St

2 Lots located in Core city, 25k each adjacent to each other

Property Details

Property Features

Listing Office:

  • Office Name: Denovo Real Estate
  • Office Phone: (844) 533-6686
  • Listing Agent: Leah Clisby

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Other

Directions Information:

  • Directions: N Warren rd, E Grand River

Price Information

Listing Price Info

Price Summary:

  • List Price: $25,000

Tax Information:

  • Annual Amount: $333
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

5238 16th St vs Detroit

33 DAYS ON ROCKET

-12 Days

$25,000

-$60K Less

KEY TAKEAWAY

This property is $60K less than the Median Sold Price in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24054115

Listing Office:

  • Office Name: Denovo Real Estate
  • Office Phone: (844) 533-6686
  • Listing Agent: Leah Clisby

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$333$3,000
2020 - $2,600

History based on county public records data.

Payment Calculator

$192

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$141

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-378954
1
/10
  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 0.97 miles

  • Public Charter Grades KG-5

school-card-donut-378955
2
/10
  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.29 miles

  • Public Charter Grades KG-5

school-card-donut-378956
2
/10
  • Academy of the Americas at Logan

  • 3811 Cicotte St

  • 2.31 miles

  • Public District Grades KG-3

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,530. The most common annual income of people living in Detroit, MI is less than $35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5238 16th St

What is the listing price of this property?

The listing price of 5238 16th St property is $25,000.

What type of property is this?

The property 5238 16th St is land located in Detroit, Michigan, 48208.

Is this property for sale now?

Active Listing: 5238 16th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $333 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5238 16th St is 0.07 acres.
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Rocket HomesMichiganWayne CountyDetroit482085238 16th St

This home is located at 5238 16th St in Detroit, MI and zip code 48208 in the Core City neighborhood. This home sits on a 0.07 acre lot. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $25,000.

In October 2024, from all listings sold in Detroit, MI there were more than 125 sold above asking price, over 257 sold below and more than 93 were sold right at the asked price. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 45 days, the median list price was $85,000.

From Rocket Homes Real Estate and based on county public records data.

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